[quote=bearishgurl] Those offers you made were not accepted in favor of buyers who were offering more but not as strong of a buyer as you, so fell out of escrow? [/quote]
Typo my part, escrow, not equity.
I meant the homes we looked at with prices we thought were insane (due to deferred maintenance), went into escrow. Then fell out of escrow. Some properties I’ve seen have been in and out of escrow multiple times. Price is still the same, still for sale. It’s an assumption on my part that the buyer is either weaker or more naive in not seeing the deferred maintenance up front or not being able to close the deal or just flaky and backing out.
part of it comes from the anecdotal conversations with the listing agents, my prior agent and others about the lack of quality of offers. Many times we’ve been told that they ‘got’ their price but the buyer isn’t very ‘strong’ so they’re taking back-ups and the house is marked in escrow.
